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US charges two brothers with novel Ethereum heist

By Nate Raymond

May 17 2024 6:47AM

Allegedly gained access to pending transactions and altered movements.

US charges two brothers with novel Ethereum heist

Two brothers who studied at the Massachusetts Institute of Technology were arrested on US charges that they carried out a cutting-edge scheme to exploit the Ethereum blockchain's integrity and steal US$25 million ($37.4 million) worth of cryptocurrency. Federal prosecutors in Manhattan called ...

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